First Advantage (FA) Free Cash Flow (2020 - 2026)
First Advantage (FA) posted Free Cash Flow of $36.2 million for Q1 2026, up 71.13% on a QoQ basis from $21.2 million in Q4 2025, and up 95.84% year-over-year from $18.5 million in Q1 2025.
First Advantage (FA) Free Cash Flow (2020 - 2026) Analysis & Trends
First Advantage's Free Cash Flow history runs 7 years deep, the most recent figure standing at $36.2 million for Q1 2026.
- Quarterly Free Cash Flow rose 95.84% year-over-year to $36.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $165.2 million (up 1864.52% YoY) and the FY2025 annual result came in at $147.5 million, up 433.34% from the prior year.
- Free Cash Flow was $36.2 million for Q1 2026 at First Advantage, up from $21.2 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $69.9 million in Q3 2025 and bottomed at -$65.8 million in Q4 2024.
- A 5-year average of $33.1 million and a median of $37.7 million in 2024 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2024 — Free Cash Flow tumbled 216.59% — and 2025, when it jumped 190.53%.
- First Advantage's Free Cash Flow stood at $53.6 million in 2022, then gained by 5.32% to $56.5 million in 2023, then tumbled by 216.59% to -$65.8 million in 2024, then jumped by 132.16% to $21.2 million in 2025, then soared by 71.13% to $36.2 million in 2026.
- Business Quant data shows FA's Free Cash Flow at $36.2 million in Q1 2026, $21.2 million in Q4 2025, and $69.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.31 Bn | 81.12 Bn | 1.45 Bn | 530.57 Mn |
| 2 | Rentokil Initial | 73.75 Bn | 71.25 Bn | - | - |
| 3 | Relx | 60.28 Bn | 60.04 Bn | - | - |
| 4 | Thomson Reuters | 38.09 Bn | 37.23 Bn | - | 661.00 Mn |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn | 503.31 Mn |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn | -550.16 Mn |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn | 172.60 Mn |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn | 178.00 Mn |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn | 298.98 Mn |
| 10 | First Advantage | 3.34 Bn | 3.11 Bn | 173.79 Mn | 36.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 36.23 Mn |
| Mar 31, 2026 | 36.23 Mn |
| Dec 31, 2025 | 21.17 Mn |
| Dec 31, 2025 | 21.17 Mn |
| Sep 30, 2025 | 69.95 Mn |
| Sep 30, 2025 | 69.95 Mn |
| Jun 30, 2025 | 37.89 Mn |
| Jun 30, 2025 | 37.89 Mn |
| Mar 31, 2025 | 18.50 Mn |
| Mar 31, 2025 | 18.50 Mn |
| Dec 31, 2024 | -65.82 Mn |
| Dec 31, 2024 | -65.82 Mn |
| Sep 30, 2024 | 24.08 Mn |
| Sep 30, 2024 | 24.08 Mn |
| Jun 30, 2024 | 31.66 Mn |
| Jun 30, 2024 | 31.66 Mn |
| Mar 31, 2024 | 37.74 Mn |
| Mar 31, 2024 | 37.74 Mn |
| Dec 31, 2023 | 56.45 Mn |
| Dec 31, 2023 | 56.45 Mn |